Envestnet Asset Management Inc. Sells 13,256 Shares of iShares MSCI USA Value Factor ETF (BATS:VLUE)

Envestnet Asset Management Inc. reduced its position in iShares MSCI USA Value Factor ETF (BATS:VLUE) by 0.8% during the fourth quarter, HoldingsChannel reports. The fund owned 1,694,095 shares of the company’s stock after selling 13,256 shares during the quarter. Envestnet Asset Management Inc.’s holdings in iShares MSCI USA Value Factor ETF were worth $178,913,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Synergy Investment Management LLC bought a new stake in shares of iShares MSCI USA Value Factor ETF during the 4th quarter valued at $26,000. Wilmington Savings Fund Society FSB bought a new stake in shares of iShares MSCI USA Value Factor ETF during the third quarter valued at about $29,000. Insight Inv LLC bought a new position in shares of iShares MSCI USA Value Factor ETF in the fourth quarter valued at approximately $52,000. Heck Capital Advisors LLC purchased a new position in iShares MSCI USA Value Factor ETF during the fourth quarter valued at approximately $71,000. Finally, Sound Income Strategies LLC lifted its stake in iShares MSCI USA Value Factor ETF by 17.9% in the 4th quarter. Sound Income Strategies LLC now owns 680 shares of the company’s stock worth $72,000 after purchasing an additional 103 shares in the last quarter.

iShares MSCI USA Value Factor ETF Price Performance

VLUE opened at $95.85 on Monday. The firm has a market capitalization of $6.00 billion, a P/E ratio of 14.96 and a beta of 1.03. iShares MSCI USA Value Factor ETF has a one year low of $95.67 and a one year high of $115.88. The company has a fifty day moving average price of $108.78 and a 200-day moving average price of $109.26.

iShares MSCI USA Value Factor ETF Company Profile

The iShares MSCI USA Value Factor ETF (VLUE) is an exchange-traded fund that is based on the MSCI USA Enhanced Value index. The fund tracks an index of large- and mid-cap US equities. Stocks are selected and weighted using fundamental metrics (earnings, revenue, book value and cash earnings), aiming for exposure to undervalued stocks in each sector.